Warner Bros. Discovery, Inc. - (WBD) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.06
- Estimate
- -$0.10
- Surprise
- +158.9%
- Revenue (period 2026-06-30)
- $8.72B
- Score today
- 3.6/10
Revenue source: xbrl.
How the report landed
Warner Bros. Discovery, Inc. - (WBD) beat the -$0.10 estimate with adjusted EPS of $0.06 — a large 158.9% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates WBD Sell at 3.6/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +158.9% surprise compares with a -942.3% four-quarter average. Next scheduled report: 2026-11-05.
What argues against it
- Target reached (-15.0% upside)
- Quality below floor (2.8 < 4.0)
- Negative risk/reward — downside exceeds upside
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $30.86
- Price target
- $35.49
- Stop
- $29.90
- Upside to target
- +15.0%
Risk check: RSI 77 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-09-26 — shown for context, not personalized investment advice.
WBD at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Entertainment
- Market cap
- $77.37B
- P/E (fwd)
- 496.0
- 52-week range
- $17.08–$30.92
- Off 52-week high
- 0.2%
- RSI (14)
- 77
- Volume vs avg
- 0.59×
- Score today
- 3.6/10